#527: How to Negotiate Land Deals for Your Next Multifamily Project

Denver Investment Real Estate

Ever wondered what it takes to transform an empty lot into a thriving multifamily property? In this eye-opening episode, host Chris Lopez sits down with Adam Fenton of Narrate Holdings to unravel the complexities of land acquisition and development in Colorado’s competitive real estate market.

Adam shares his wealth of expertise on:

• Navigating the land-buying process from initial scouting to closing the deal
• Crucial due diligence steps that can make or break a project
• The critical importance of understanding zoning and historic designations
• How to assemble and leverage a team of experts for success

Discover why seemingly simple parcels can hide million-dollar pitfalls and learn how savvy developers mitigate risks. Whether you’re a seasoned investor or just curious about real estate development, this episode offers valuable insights into the intricate world of transforming raw land into profitable properties.

Don’t miss this deep dive into the first crucial steps of real estate development – it might just change how you view that vacant lot down the street!

https://youtu.be/CBApHR5GM7g

Timestamps

(02:46) How do you find land?

(08:31) You’ve found it, now what?

(17:05) Knowing what you can build

(21:53) Letter of Intent (LOI)

(25:03) Purchase and Sale Agreement

(34:11) Under Contract

(38:01) End of Due Diligence

(40:54) Path to Closing

Links to Podcast

Interested in learning more about Narrate or investing in one of their projects?

Schedule a call with our team here

Visit Narrate Holdings Website

Adam Fenton LinkedIn

Check out our other Narrate podcasts:

Episode 499: How this Developer’s Creative Debt Financing Strategy Helps Them Stand Out w/ Adam Fenton

Episode 501: Real Estate Development from Concept to Reality | Deal Analysis

Who is Narrate?

Based in Denver, Narrate is a boutique private equity firm specializing in the investment and development of multifamily and mixed-use real estate projects as well as business ventures across the US. We are an experienced team of professionals focused on limiting downside risk while providing long-term, stable growth for investors. Our portfolio includes a diversified mix of ground-up development and existing value-add properties as well as high-margin scalable businesses. Our approach blends personalized attention with deep industry expertise, enabling us to identify and nurture opportunities that others may overlook.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.